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CBK @60: Ruto tells banks to lower cost of credit as shilling and reserves strengthen

President William Ruto has called on Kenya’s banking sector to make credit more affordable and accessible, arguing that recent improvements in economic stability should now translate into tangible…

  • President Ruto urges Kenyan banks to lower credit costs for economic growth
  • Shilling strengthens to KSh129 against US dollar, inflation at 6.6%
  • CBK reserves hit $15.25 billion, record high

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